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Bridgetown 2 Holdings Limited (“Bridgetown 2” or the “Company”) (NASDAQ:BTNB) today announced that Bridgetown 2 shareholders overwhelmingly approved the previously announced business combination (“Business Combination”) with PropertyGuru Pte. Ltd. (“PropertyGuru”), Southeast Asia’s leading property technology company, at an extraordinary meeting of shareholders today.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220315006358/en/
Shareholder redemptions were 59.3%. Complete official results of the vote and shareholder redemption will be included in a Current Report on Form 8-K to be filed by Bridgetown 2 with the Securities and Exchange Commission (the “SEC”).
As previously disclosed, the transaction is expected to close March 17, 2022, subject to the satisfaction or waiver of customary closing conditions. Following the close of the business combination, PropertyGuru’s ordinary shares are expected to begin trading on the New York Stock Exchange on March 18, 2022 under the ticker symbol “PGRU.”
About PropertyGuru Group
PropertyGuru Group is Southeast Asia’s leading property technology company1and the preferred destination for over 522 million property seekers to find their dream home, every month. PropertyGuru and its group companies empower property seekers with more than 3.3 million real estate listings3in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, Indonesia, and Vietnam.
PropertyGuru.com.sg was launched in 2007 and has helped to drive the Singapore property market online and has made property search transparent for the property seeker. Over the decade, the Group has grown into a high-growth technology company with a robust portfolio of leading property portals across its core markets; award-winning mobile apps; a high quality developer sales enablement platform, PropertyGuru FastKey (https://www.propertygurugroup.com/fastkey/); mortgage marketplace PropertyGuru Finance (https://www.propertyguru.com.sg/mortgage/home-loan); and a host of other property offerings including Awards (https://www.asiapropertyawards.com/en/), events and publications across Asia.
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Full story available on Benzinga.com
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